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SHARE CAPITAL (Tables)
12 Months Ended
Dec. 31, 2019
Disclosure of classes of share capital [line items]  
Disclosure of number and weighted average exercise prices of share options

 

 

 

 

 

 

 

 

 

 

 

 

 

2019

 

2018

 

 

 

 

Weighted

 

 

 

Weighted

 

 

Options

 

average

 

Options

 

average

 

    

(000’s)

    

 

exercise price

    

(000’s)

    

exercise price

Outstanding, January 1

 

8,322

 

C$

1.27

 

8,237

 

C$

1.22

Granted

 

3,491

 

 

1.01

 

1,810

 

 

1.59

Forfeited/Expired

 

(2,580)

 

 

1.33

 

(1,134)

 

 

1.71

Exercised

 

(917)

 

 

0.73

 

(591)

 

 

0.76

Outstanding, December 31

 

8,316

 

C$

1.20

 

8,322

 

C$

1.27

Exercisable, December 31

 

5,210

 

C$

1.24

 

6,461

 

C$

1.15

 

Disclosure of range of exercise prices of outstanding share options

 

 

 

 

 

 

 

 

 

 

    

 

    

Weighted

    

 

 

 

 

 

 

 

average

 

 

 

 

 

 

Options

 

remaining

 

Options

 

Weighted

 

 

outstanding

 

contractual life 

 

exercisable

 

average

Range of exercise prices

    

(000’s)

    

(years)

    

(000’s)

 

exercise price

C$0.65

 

1,587

 

0.43

 

1,587

C$

0.65

C$0.71

 

1,009

 

0.95

 

1,009

 

0.71

C$0.97

 

2,169

 

4.64

 

59

 

0.97

C$1.16

 

502

 

4.19

 

191

 

1.16

C$1.57

 

293

 

3.09

 

202

 

1.57

C$1.60

 

1,062

 

3.46

 

557

 

1.60

C$1.63

 

546

 

2.44

 

457

 

1.63

C$2.16

 

375

 

1.99

 

375

 

2.16

C$2.19

 

773

 

1.44

 

773

 

2.19

 

 

8,316

 

2.59

 

5,210

C$

1.24

 

Disclosure of detailed information about options, valuation assumptions

 

 

 

 

 

 

 

    

2019

    

2018

 

Risk-free interest rate

 

1.36

%  

1.95

%

Expected life (years)

 

3.05

 

2.89

 

Annualized volatility

 

54

%  

62

%

Forfeiture rate

 

15

%  

14

%

 

Disclosure of detailed information about warrants, valuation assumptions

 

 

 

 

 

 

  

    

  

 

Share price at measurement date (adjusted in accordance with the Exchange Ratio)

 

US$

1.32

 

Risk-free interest rate

 

 

1.73

%

Expected life (years)

 

 

3.28

 

Annualized volatility

 

 

57

%

 

Earnings per share

 

 

 

 

 

 

 

 

    

2019

    

2018

Loss attributable to equity owners

 

$

(91,022)

 

$

(10,063)

Weighted average number of shares (000's)

 

 

273,380

 

 

168,888

Loss per share ‒ basic

 

$

(0.33)

 

$

(0.06)

 

 

 

 

 

 

 

 

 

    

2019

    

2018

Adjusted loss attributable to equity owners

 

$

(91,022)

 

$

(10,063)

 

 

 

 

 

 

 

Weighted average number of shares (000's)

 

 

273,380

 

 

168,888

Incremental shares from options

 

 

 —

 

 

 —

Incremental shares from warrants

 

 

 —

 

 

 —

Incremental shares from RSUs and DSUs

 

 

 —

 

 

 —

Weighted average diluted number of shares (000's)

 

 

273,380

 

 

168,888

 

 

 

 

 

 

 

Loss per share ‒ diluted

 

$

(0.33)

 

$

(0.06)

 

 

 

 

 

 

 

 

Deferred share units [Member]  
Disclosure of classes of share capital [line items]  
Disclosure of number and weighted average exercise prices of share options

 

 

 

 

 

 

 

 

 

 

 

 

    

2019

    

2018

 

 

 

 

 

Weighted

 

 

 

 

Weighted

 

 

 

 

 

average grant

 

 

 

 

average grant

 

 

Number of

 

 

date fair value

 

Number of

 

 

date fair value

 

 

units

 

 

($/unit)

 

units

 

 

($/unit)

Balance at January 1

 

251,400

 

C$

1.59

 

89,200

 

C$

1.59

Granted

 

732,550

 

 

1.05

 

183,000

 

 

1.59

Settled

 

(37,800)

 

 

1.16

 

(20,800)

 

 

1.62

Outstanding at December 31

 

946,150

 

C$

1.19

 

251,400

 

C$

1.59

 

 

 

 

 

 

 

 

 

 

 

 

Restricted share units [Member]  
Disclosure of classes of share capital [line items]  
Disclosure of number and weighted average exercise prices of share options

 

 

 

 

 

 

 

 

 

 

 

 

 

2019

 

2018

 

    

 

    

Weighted

    

 

    

Weighted

 

 

 

 

average grant

 

 

 

average grant

 

 

Number of

 

date fair value

 

Number of

 

date fair value

 

 

units

 

($/unit)

 

units

 

($/unit)

Balance at January 1

 

733,667

 

C$

1.59

 

476,600

 

C$

1.61

Granted

 

2,135,540

 

 

1.02

 

585,200

 

 

1.59

Settled

 

(1,187,459)

 

 

1.14

 

(170,799)

 

 

1.61

Cancelled

 

(732,318)

 

 

1.16

 

(157,334)

 

 

1.61

Outstanding at December 31

 

949,430

 

C$

1.19

 

733,667

 

C$

1.59

 

Performance Share Units [Member]  
Disclosure of classes of share capital [line items]  
Disclosure of number and weighted average exercise prices of share options

 

 

 

 

 

 

 

 

 

 

 

 

 

2019

2018

 

    

 

    

 

 

    

 

    

Weighted

 

 

 

 

Weighted

 

 

 

average

 

 

 

 

average grant

 

 

 

grant date fair

 

 

Number of

 

date fair value

 

Number of

 

value

 

 

units

 

($/unit)

 

units

 

($/unit)

Balance at January 1

 

 —

 

C$

 —

 

 —

 

C$

 —

Granted

 

825,100

 

 

1.14

 

 —

 

 

 —

Outstanding at December 31

 

825,100

 

C$

1.14

 

 —

 

C$

 —